Table of Contents

Introduction Part I. The Context for Economic Analysis 0. Microeconomics and Well-Being 1. Economic Activity in Context 2. Markets and Society Part II. Basic Economic Analysis 3. Supply and Demand 4. Elasticity 5. Welfare Analysis 6. International Trade and Trade Policy Part III. Economics and Society 7. Economic Behavior and Rationality 8. Consumption and the Consumer Society 9. Markets for Labor Part IV. Essential Topics for Contemporary Economics 10. Economic and Social Inequality 11. Taxes and Tax Policy 12. The Economics of the Environment 13. Common Property Resources and Public Goods Part V. Resources, Production, and Market Organization 14. Capital Stocks and Resource Maintenance 15. Production Costs 16. Markets Without Power 17. Markets with Market Power

About the Author

Neva Goodwin is Co-Director of the Global Development And Environment Institute at Tufts University, USA and Co-Chair of the Board of the New Economics Institute.


Jonathan Harris is Senior Research Associate and Director, Theory and Education Program, Global Development and Environment Institute, Tufts University, USA.


Julie Nelson is Department Chair and Professor of Economics, University of Massachusetts Boston, USA.


Brian Roach is Research Associate, Theory and Education Program, Global Development and Environment Institute, Tufts University, USA.


Mariano Torras is Professor in the Department of Accounting, Finance and Economics, Adelphi University, USA.